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☆ Why Wall Street investors are freaking out
▼ + stars: | 2023-10-04 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Here’s why investors are freaking out:Rates and the Fed: A surge in corporate debt sales and rising bond yields have sent stocks lower. Moody’s, the only major credit rating firm to keep a perfect score for the United States, has warned that a government shutdown would be “credit negative” for the United States. Geopolitical risks are still elevated as Russia’s war on Ukraine continues and relations between the United States and China remain tense. October also marks the end of the fiscal year for many mutual funds in the United States. Statistical evidence doesn’t quite support the phenomenon, but the level of superstitious caution on Wall Street is real.

Persons: Kevin McCarthy, ”, Michael Reinking, Mark Twain, ” Sam Bankman, Sam Bankman, Allison Morrow, Judge Lewis Kaplan, “, ” Kaplan, SFB, SBF, Caroline Ellison, Bernie Madoff, Chris Isidore, Vanessa Yurkevich Organizations: CNN Business, Bell, New York CNN, Dow, Federal Reserve, Fed, Markets, Republicans, “, Prosecutors, GM, Ford, Motors, United Auto Workers, Michigan Assembly, Jeep, Dodge, Chrysler, UAW Locations: New York, America’s Congress, United States, Ukraine, China, Manhattan, Fairfax, Kansas City , Kansas, Toledo, Lockport, Michigan, Wayne , Michigan, Kokomo , Indiana

New York CNN —General Motors and Ford are laying off 500 additional workers between them, blaming the expansion of the strike announced by the United Auto Workers union at those companies on Friday. General Motors said it was laying off 164 workers at stamping plants in Parma, Ohio, and Marion, Indiana. Ford said it laid off 330 workers at its Chicago Stamping Plant and Lima Engine Plant following the union’s decision Friday to strike its Chicago Assembly plant, which made the Ford Explorer and Lincoln Aviator SUVs. It had previously laid off 600 hourly workers at the Michigan Assembly plant in Wayne, Michigan who were not on strike. Those benefits for both strikers and laid-off UAW members will cost the union about $14.3 million a week, but it went into the strike with $825 million in its strike fund.

Persons: General Motors, Marion, ”, Ford, “ Organizations: New, New York CNN —, Motors, Ford, United Auto Workers, General, Lansing Delta, GMC, Traverse, Buick, Chicago Assembly, Ford Explorer, Lincoln Aviator, Michigan Assembly, Jeep, Dodge, Chrysler, UAW, Anderson Economics Group, CNN Locations: New York, Parma , Ohio, Marion , Indiana, Wentzville , Ohio, Lansing, Lansing , Michigan, Colorado, Parma, Fairfax, Kansas City , Kansas, Toledo, Lockport, Chicago, Michigan, Wayne , Michigan, Kokomo , Indiana

Those three struck plants are a Ford plant in Wayne, Michigan, a GM plant in Wentzville, Missouri and a Stellantis plant in Ohio. A week ago, Fain announced that there had been progress at Ford toward a settlement, and that it would not expand the strike there. But he said the lack of progress at GM and Stellatis meant that the union would expand the strike to 38 parts distribution centers at those two companies. The union had said from the start of the strike that was retaining the option to expand its walkout as a way of increasing pressure on the companies. If the strike does expand on Friday, where it expands will go a long way in determining how much economic pressure the union is putting on the company.

Persons: Shawn Fain, Joe Biden, Biden, Fain, ” Fain, “ Stellantis, Marshall, Ford Organizations: Detroit CNN, United Auto Workers, General Motors, UAW, Ford, GM Locations: Wayne , Michigan, Wentzville , Missouri, Ohio, Marshall , Michigan, Michigan, Kansas City , Kansas

☆ Live Updates: UAW strikers receive Biden's support as he walks picket line in Michigan
▼ + stars: | 2023-09-26 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

Left: President Joe Biden speaking about the auto workers strike from the Roosevelt Room of the White House in Washington on Sept. 15. Right: UAW President Shawn Fain at the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, on March 27. Susan Walsh/AP/Rebecca Cook/ReutersWhen President Joe Biden becomes the first sitting president to visit a picket line Tuesday, United Auto Workers union President Shawn Fain will be there with him. Six months ago, it was doubtful Biden or almost anyone else at the White House knew who Fain was. And in July, Fain was at the White House meeting with staff about the administration's support for EVs, and he met face-to-face with Biden.

Persons: Joe Biden, Roosevelt, Shawn Fain, Susan Walsh, Rebecca Cook, Biden, Fain, Joe Biden’s, ” Fain, he's, Donald Trump, Trump Organizations: White, UAW, Reuters, United Auto Workers, Ford, SK, White House Locations: Washington, Detroit , Michigan, Michigan

☆ UAW President Fain to join President Biden on the picket line Tuesday in Michigan
▼ + stars: | 2023-09-25 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +1 min

CNN —United Auto Workers union President Shawn Fain will join President Joe Biden on the picket line Tuesday in Wayne County, Michigan, according to a source familiar with the situation. Trump will skip the second Republican presidential primary debate in California Wednesday and is expected to also head to Michigan to address union workers. Negotiations between the striking UAW and Ford remained very active over the weekend and on Monday, but there is still distance on some key issues. There has not been the same movement and seriousness of progress with both General Motors and Stellantis, the source added. Fain said Friday “all parts distributions centers at General Motors and Stellantis will be on strike.

Persons: Shawn Fain, Joe Biden, Donald Trump’s, Fain, ” Organizations: CNN — United Auto Workers, UAW, Trump, Republican, United Auto Workers, General Motors, Ford, Big Three, GM Locations: Wayne County , Michigan, California, Michigan

☆ Live updates: UAW strike expands significantly against GM and Stellantis
▼ + stars: | 2023-09-22 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

UAW President Shawn Fain speaks at a rally in Detroit on September 15. The UAW vastly expanded its strike against GM and Stellantis Friday, although none of the plants is particularly crucial to the automakers’ operations, surprising industry insiders – even experts who predicted the UAW would implement a targeted strike. Nevertheless, the strike marks the first time in history the UAW has struck at all three automakers simultaneously. In leaked messages obtained by CNN, United Auto Workers Union Communications Director Jonah Furman said the plan is to “keep them wounded for months." "They don’t know what to do… this is recurring reputations damage and operation chaos," Furman said in one of the leaked messages.

Persons: Shawn Fain, Matthew Hatcher, –, Fain, Jonah Furman, Furman, they’re, Joe Biden, Biden Organizations: Getty, White, UAW, GM, CNN, United Auto Workers Union Communications, Democratic Locations: Detroit, AFP

New York CNN —The United Auto Workers union is expanding its strike against GM and Stellantis but said that progress in negotiations with Ford means it won’t expand the number of Ford workers on the picket lines. “At noon Eastern today, all parts distributions centers at General Motors and Stellantis will be on strike,” he said. Still the announcement of progress at Ford raised hopes that the strike, at least at there, could be brought to a relatively quick end. But the UAW’s expanded strike is now targeting the parts distribution centers for GM and Stellantis. As of 10:30 am ET, Stellantis (STLA) is up 0.98%; Ford (F) is up 3.57%; and GM (GM) is up 0.7%.

Persons: Shawn Fain, ”, “, Fain, “ Ford, ” Ford, Ford, Bill Pugliano, ” Shawn Fain, Tesla Organizations: New, New York CNN, United Auto Workers, GM, Ford, UAW, General Motors, Ford Michigan Assembly Plant, Stellantis, Jeep, Dodge, Chrysler, Big, Facebook, UAW International Union Locations: New York, Wayne , Michigan, Wentzville , Missouri, Toledo –, North America, Virginia, California, America, Auburn Hills , Michigan

☆ Leaked UAW messages detail 'chaos' strategy
▼ + stars: | 2023-09-22 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

New York CNN —The United Auto Workers Union is prepared to strike automakers for “months,” according to leaked messages obtained by CNN. One advantage for the union of a targeted strike is the potential to save resources and extend a possible strike. The union members who are on strike are eligible for $500 a week in strike benefits from the union’s strike fund. With targeted strikes, it’s possible that the companies will shut down operations and lay off members who are not technically on strike. John Hatline, who has worked at General Motors for 49 years and has seen his fair share of strikes, told CNN before the strikes began that he thought targeted strikes can work.

Persons: Jonah Furman, Furman, they’re, Shawn Fain, Fain, ”, “, John Hatline, Hatline, ” “, Mark Truby Organizations: New, New York CNN, United Auto Workers Union, CNN, Communications, Big, UAW, Detroit Free Press, UAW Communications, General Motors, ”, Motors, Ford, Genal Motors Locations: New York, Detroit

☆ Stellantis and GM furlough dozens of workers, warns hundreds more could come as strike continues
▼ + stars: | 2023-09-20 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +3 min

More layoffs are anticipated at Kokomo Transmission and Kokomo Casting in Kokomo, Indiana, impacting an additional 300 employees there, the company said. Ford and General Motors already laid off or warned of idling employees at two of their plants because of the targeted strikes. General Motors idled 2,000 employees at the company’s Fairfax Assembly Plant in Kansas due to the UAW’s targeted strike on its Wentzville Assembly Plant in Missouri, the company announced Wednesday. Due to the specific circumstances of this situation, impacted employees are not eligible for company-provided SUB-pay,” the company said in a statement. GM said it continues to bargain in good faith and is scheduled to be at the main bargaining table with the UAW today.

Persons: Stellantis, Stellantis . Ford, Fairfax, Shawn Fain Organizations: CNN, United Auto Workers, Kokomo, Stellantis, General Motors, Ford’s Michigan Assembly, Fairfax Assembly Plant, GM, UAW Locations: Toledo, Perrysburg , Ohio, Kokomo , Indiana, Wayne , Michigan, Fairfax, Kansas, Wentzville, Missouri, Kansas City

New York CNN —The United Auto Workers union’s already unprecedented strike against General Motors, Ford and Stellantis could soon get even bigger. So far, the strike, which started early Friday, has targeted only one final assembly plant at each automaker. So, noon on Friday, September 22nd is a new deadline.”While 12,700 union members are on strike, most of the 145,000 members at the three automakers remain on the job. The UAW chose to target final assembly plants first, which has made the initial strikes quite targeted and tactical. Spreading impact of strikeThe impact of the strike will have a ripple impact on other factories beyond the three targeted already by the UAW strike.

Persons: Stellantis, Shawn Fain, Autoworkers, We’re, “ We’re, ”, “, Ford, Lana Payne, Payne, Fairfax, David Barnas, Louis, Biden, Donald Trump, Mike Pence, Fain, Trump Trump, Joe Biden, ” Trump Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, CNN, GM, UAW, Ford Bronco, Companies, GM Stellantis, Jeep, Dodge, Chrysler, Fairfax Assembly, US Steel, Trump Locations: New York, Wayne , Michigan, Canada, United States, Fairfax, Kansas City , Kansas, Wentzville, Granite City , Illinois, St, Detroit

☆ Live updates: United Auto Workers go on strike against GM, Ford and Stellantis
▼ + stars: | 2023-09-15 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +1 min

United Auto Workers hold up strike signs right across from the Ford Michigan Assembly Plant in Wayne, Michigan, on September 15. Rebecca Cook/ReutersUAW President Shawn Fain admits the union’s demands are “ambitious” but he insists they’re justified, given the automakers’ strong profits in recent years. The automakers have balked at most of the union’s demands. Pensions and inflation adjustmentsThe UAW wants a return of traditional pension payment plans and retiree health care for all UAW members. Job protections and benefitsThe union demands limits on the use of temporary workers and forced overtime.

Persons: Rebecca Cook, Shawn Fain, they’re, EVs Fain Organizations: United Auto Workers, Ford Michigan Assembly Plant, Reuters UAW, Ford, GM, Pensions, UAW, Workers Locations: Wayne , Michigan

☆ GM CEO Marry Barra tells CNN she’s ‘frustrated’ about the strike
▼ + stars: | 2023-09-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —General Motors CEO Mary Barra said she’s “frustrated” with the autoworker strike that began overnight, and said that her company has a “very compelling offer” for the union. “I think we have an offer that resonates with our people,” Barra told CNN’s Vanessa Yurkevich, saying that the offer includes pay raises up to 21%, job security and healthcare. “If you’re asking for more than the company made, I think that’s not a good position,” Barra pointedly said. The UAW referred to its targeted strike of three plants as a “Stand Up Strike,” which it called a strategic “new approach” to walking off the job. The strike came after the automakers scoffed at the union’s ambitious demands for increased wages, benefits and job protections for its members.

Persons: Mary Barra, she’s “, “, ” Barra, CNN’s Vanessa Yurkevich, Barra, Picketers Organizations: New, New York CNN — General, United Auto Workers, General Motors, Ford, Workers, Big Three, UAW Locations: New York, Missouri , Michigan, Ohio

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But there’s a good chance at least some of them, at a mix of plants and companies, will walk out. Those limited, targeted strikes could be enough to grind production to a halt at America’s three unionized automakers. One advantage for the union of a targeted strike is the potential to save resources and extend a possible walkout. Striking union members are eligible for $500 a week from the union’s strike fund. The companies did not respond to questions Wednesday about their plans if faced with the targeted strikes Fain described on Wednesday.

Persons: Shawn Fain, Fain, Jeff Schuster, ”, Schuster, Jim Farley, Farley, Bill Ford, ” Farley, “, ” Ford, can’t, “ We’re, Patrick Anderson, Anderson, That’s, Ford Organizations: Detroit CNN, General Motors, Ford, United Auto Workers, UAW, America ’, GlobalData, GM, Detroit Auto, Jeep, Dodge, Chrysler, Anderson Economic Group, Fiat Chrysler, PSA Group Locations: America, Detroit, North America, Michigan, Edmunds, That’s, European

☆ Ford’s former CEO has a stark warning for both the UAW and automakers
▼ + stars: | 2023-09-13 | by ( Matt Egan | ) edition.cnn.com time to read: +8 min

“The automakers can’t plead poverty,” Fields told CNN on Wednesday, noting the industry’s recent string of profitable years. [Automakers’] CEO pay went up 40%. “But I do think he’s quite misplaced in that if there’s a work stoppage… there will be lots of people hurt,” the former Ford CEO said. However, economists say a UAW strike is unlikely to cause a recession, though it would do damage to local economies and parts suppliers. You can’t fault them for trying to deal with inflation that is hurting their families,” the former Chrysler CEO said.

Persons: Mark Fields, ” Fields, “, ”, Jim Farley, Fields, CNN’s Vanessa Yurkevich, “ We’re, ” Farley, Shawn Fain, ’, ” Fain, Jake Tapper, Bob Nardelli, ” Nardelli, Goldman Sachs, “ It’s, Fain, Nardelli, Ron Gettelfinger, Ford, CNN’s Chris Isidore Organizations: New York CNN Business —, Detroit, Ford, GM, CNN, Chrysler, United Auto Workers, UAW, UPS, American Airlines, West Coast, TPG Capital, Anderson Economic Group, Big Locations: Mexico, Chihuahua

A targeted strike could shut operations for each company, depending on which plants and facilities are struck. One advantage for the union of a targeted strike is the potential to save resources and extend a possible strike. The union members who are on strike are eligible for $500 a week in strike benefits from the union’s strike fund. With targeted strikes, it’s possible that the companies will shut down operations and lay off members who are not technically on strike. GM’s statement did not address what it planned to do if their operations are disrupted by a targeted strike.

Persons: Shawn Fain, Fain, Jeff Schuster, ”, “, ” Fain, Patrick Anderson, John Hatline, Hatline Organizations: Detroit CNN — United Auto Workers, General Motors, Ford, GlobalData, Jeep, Dodge, Chrysler, UAW, Anderson Economic, CNN Locations: America, Michigan, Detroit

☆ Americans are being asked to consider tipping, but is it really required?
▼ + stars: | 2023-08-27 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

Mingrone pays her kitchen staff between $20-25 an hour, well above minimum wage. Comparatively, her front of house staff — servers and bartenders — make the state’s tipped minimum wage of $6.38 an hour. Eight states have abolished their tipped minimum wage. One Fair Wage, the group leading the movement, wants businesses to be required to pay employees the state’s minimum wage, plus tips. The federal tipped minimum wage is $2.13 an hour and has been frozen there since 1991 — and many states default to that.

Persons: ”, Carly Cullen, ” Cullen, Emily Mingrone, aren’t, Mingrone, —, I’ve, Danny Meyer, “, pushback, Sean Kennedy, Destiny Fox, Georgetti’s, Coco Pazzo —, She’s, Fox Organizations: New, New York CNN, Purdue University, Temple University, Co, Square Hospitality, Nation Restaurant Association, National Restaurant Association Locations: New York, New Haven , Connecticut, State, Chicago

Biden and UAW President Shawn Fain met briefly in the West Wing last month while UAW leadership was at the White House briefing senior staff on their positions. Fain has publicly warned that UAW is prepared to strike, saying nearly 150,000 members will strike if the three automakers do not meet their demands. Ford pointed out that it employs more UAW members and builds more cars and trucks at US plants than any other automaker. For the most part, those plants are joint ventures between automakers and battery makers, and thus will not be covered under the UAW contracts with the Big Three. But the union has yet to reach a deal with plant management on a contract, and workers there are paid about half of what UAW members are paid at the Big Three.

Persons: Joe Biden, –, —, ” Biden, Biden’s, Shawn Fain, Fain, Biden, ”, “, ” Ford, Stellantis, Ford, “ Stellantis, Vanessa Yurkevich Organizations: Washington DC CNN, United Auto Workers, – Ford, General Motors, “, AFL, CIO, UAW, Biden, Wing, White, Ford, Dodge, Chrysler, EV, CNN, Big, GM, Workers, LG Locations: Warren , Ohio

☆ 'Barbie,' Taylor Swift and Beyoncé provide women-powered economic boost
▼ + stars: | 2023-08-09 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +5 min

New York CNN —It’s the summer of girl power, fueled by Beyoncé, Taylor Swift and “Barbie.”Millions of people across generations are paying through the nose for these experiences, providing a women-powered boost to the economy. “I loved going with my family” to Taylor Swift and “Barbie,” said 15-year-old Chelsea Deutsch. A positive messageEleven women and girls from Chelsea’s extended family – spanning ages 12 to 54 – went to see Taylor Swift at MetLife Stadium in East Rutherford, New Jersey. ‘I made it happen’Helen Polise was not going to let two canceled flights stop her from seeing the last Taylor Swift concert in Los Angeles with her daughter Julie. Julie and the young girls from the family of 11 who all saw Taylor Swift walked away from the “Barbie” movie with their moms in mind.

Persons: New York CNN —, Taylor Swift, “ Barbie, ”, Chelsea Deutsch, “, ” “ Barbie ”, Taylor, “ Barbie ”, Kristina Chiapetta, Landor & Fitch, –, Barbie, Jennifer Deutsch, Chelsea’s, Chiapetta, Helen Polise, Julie, Polise, Swift, that’s, Julie Polise, “ We’re, Dylan Ritcher, Lisa Van Strat Organizations: New, New York CNN, California Center, Jobs, Warner Bros, Warner Bros ., Landor &, “, MetLife, of Labor Statistics Locations: New York, Stockholm, Los Angeles, East Rutherford , New Jersey, United States

☆ UPS and Teamsters reach a labor deal, potentially avoiding a crippling strike
▼ + stars: | 2023-07-25 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

CNN —UPS and the Teamsters have reached a tentative deal on a new contract. “UPS and the International Brotherhood of Teamsters, the union representing about 330,000 UPS employees in the U.S., have reached a tentative collective bargaining agreement,” the company said in a statement. The pandemic sent lower- and middle-class US workers’ pay surging for the first time in decades, but contract workers missed out on much of those gains. That’s why unionized actors, writers, nurses and teachers have recently gone on strike, and UPS workers and autoworkers have threatened walkouts. Terms of the tentative agreement are not yet known.

Persons: ”, Carol Tomé, Sean M, “ We’ve Organizations: CNN — UPS, Teamsters, UPS, International Brotherhood of Teamsters Locations: U.S

☆ Premarket stocks: Markets and consumers are in an upbeat mood. Here's why
▼ + stars: | 2023-07-21 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —Stocks and consumer sentiment are rising in tandem after slumping last year, in another sign of growing optimism that the economy could dodge a recession. Consumer sentiment tracked by the University of Michigan jumped 13% in July, notching its second consecutive month of improvement. That comes after stocks and consumer sentiment tumbled in 2022 as sticky inflation and the Federal Reserve’s aggressive pace of interest rate hikes spurred fears that the US economy would tip into a recession. “Consumer sentiment reached levels consistent with the lows of some past recessions last summer,” wrote Lori Calvasina, head of US equity strategy at RBC Capital Markets. Still, consumer sentiment could decline if more people lose their jobs, paychecks and spending power.

Persons: CNN —, ”, Lori Calvasina, Ed Moya, Moya, Jon Ekoniak, Pete Muntean, Vanessa Yurkevich, Robert Travis, “, ” Read, Michelle Toh, Kan, Read Organizations: CNN Business, Bell, CNN, University of Michigan, RBC Capital Markets, OANDA, JPMorgan Chase, Citigroup, Bordeaux Wealth Advisors, UPS, Teamsters, United Parcel Service, Independent Pilots Association, Brotherhood of Teamsters, South, Starbucks Asia Locations: That’s, BlackRock, Wells Fargo, South Korean, Hong Kong, Indonesia, South Korea, Philippines

CNN —The union representing pilots flying cargo planes for UPS say they will not cross picket lines if Teamsters strike next month, a spokesperson for the Independent Pilots Association confirmed to CNN. The heads of the two unions say in letters to each other that their support proved pivotal during a previous Teamsters strike in 1997. “No one wants a work stoppage, but should a legal IBT strike be initiated, you and the IBT can count on the IPA for support.”This does not mean UPS pilots are going on strike, rather there will be a work stoppage as they vow not to fly UPS cargo. Such as high value spare parts, pharmaceuticals, medical devices, anything of high value or high opportunity cost”Without UPS’ Pilots – the company will not be able to move anything from California to New York in a day. “This certainly is even more pressure on ups management to come to a deal with teamsters,” said Miller.

Persons: ”, Robert Travis, “, Jason Miller, Miller Organizations: CNN, UPS, Teamsters, Independent Pilots Association, “, Department of Supply Chain Management, Michigan State, Pilots, teamsters, UPS Air, FedEx Express Locations: California, New York

New York CNN —A strike vote Thursday by the union representing 1,500 stagehands and other backstage workers could shut down Broadway shows as soon as Friday, according to the union. “This strike vote will send a strong message that we will not accept substandard contracts that fail to acknowledge our workers’ contributions,” said Mathew Loeb, president of the International Alliance of Theatrical Stage Employees (IATSE). The strike would be a blow to the New York City economy, which is still suffering from the shift from in-office work to people working from home. Tourism is a major driver of the city’s economy and Broadway a significant magnet for those tourists. The Broadway League reported that in the season that concluded in May, the first full season since Broadway shows were disrupted by the pandemic, theaters reached a total attendance of 12.3 million and grossed $1.6 billion in ticket sales.

Persons: ”, Mathew Loeb Organizations: New, New York CNN, International Alliance, Broadway League, Disney, SAG, Writers Guild of America, Tourism, Broadway Locations: New York, New York City

☆ UPS and Teamsters to meet next week ahead of looming strike
▼ + stars: | 2023-07-19 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

CNN —Negotiations will resume next week between UPS (UPS) and the Teamsters union, which represents 340,000 UPS (UPS) workers, ahead of a looming nationwide strike. The Teamsters National Negotiating Committee and the company will set dates soon to resume negotiations next week,” the UPS Teamsters said in a statement about the renewed negotiations Wednesday. A UPS spokesperson says that part-timers receive the same benefits as full-time workers, including healthcare, a pension, and help with school tuition. Several part-time union workers who spoke to CNN say they believe $22-25 an hour is a livable hourly starting wage. The union also said it can take years for part-time workers to become full-time workers.

Organizations: CNN, UPS, Teamsters, UPS Teamsters, Negotiating

☆ How Barbie made a surprising comeback
▼ + stars: | 2023-07-14 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +4 min

And now she is getting new life in “Barbie” the movie, distributed by CNN’s parent company Warner Bros. And at HomBom Toys in New York City, ‘movie Barbie’ is sold out. I thought of every child who played with a Barbie doll as my child. She’s thrilled to see Barbie break out of Barbie Land and out of her heels, a sign Barbie may be keeping up with the times. And that introduced a lot of fun and introduced I think people into the world of Barbie that hadn’t been there before,” she said.

Persons: Barbara Millicent Roberts ”, — Barbie —, Barbie, “ Barbie, Margot Robbie, ’ ”, Ricard Dickson, Mattel, There’s, ”, Katie Mancini, Landor, Landor & Fitch, Ken, they’ve, Oppenheimer, ’, Ilene Gayer, “, Patty Steffen, Fort, She’s, Barbie Carol Sanger, she’s, Sanger, Barbies, hadn’t Organizations: CNN, Mattel, Warner Bros ., Landor &, AMC, Barbies Locations: New York City, Fort Wayne , Indiana, Los Angeles

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